Housing costs in Choctaw Lake?
A typical home costs
$389,200, which is 15.1% more expensive than the national average of
$338,100 and 97.6% more expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Choctaw Lake costs
$1,040 per month, which is 27.3% cheaper than the national average of
$1,430 and 5.8% more than the state average of
$980.
Can I afford Choctaw Lake?
To live comfortably in Choctaw Lake, Ohio, a minimum annual income of
$74,520 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Choctaw Lake?
Choctaw Lake, OH is an affordable place to live with a relatively low cost of living. According to the United States Census Bureau, the median household income in Choctaw Lake was $38,946 in 2018. In addition, the median home value in 2018 was $96,000. Low housing costs paired with affordable amenities such as groceries and healthcare make Choctaw Lake a great option for those looking for an inexpensive place to live. The cost of living is also made more reasonable by the local tax rate which stands at 1% of total assessed property value. All these factors combined make Choctaw Lake a very affordable place to call home.